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Would the other side be left holding the bag? it's a bit too brutal for me to press the button:(

Sorry about my attached chart. My computer crashed two days ago, now still has problems :mad:

yep, it’s about time to pay a bit more attention to the Fx pairs. The only concern to me is whether wave-v will be extended. My amateur counts on the EURUSD:D

SPY daily volume has been light on the way up lately, the bulls don't seem to be making a very strong commitment :confused:

EURUSD chart is less complex than GBPUSD’s and moved a little smoother. EURO could bounce back up Sunday. Have a nice weekend everyone.

It seems GBPUSD is forming a mini H&S. But the chart looks a bit complex.

Fibo on the SPX daily chart

Thanks for the comment and the chart, Illum. Yes, the chart looks quite interesting. I entered a long position at the end of the last cycle day. But I did not buy at the exact low. I'll watch it closely. If oil and S&P move down, it would help the USD move up against the CAD. Let's see which...

Hi Illum, Have you followed USDCAD these two days? It's moving as expected so far after it came out of the time cycle line. I labeled simple E-waves on the hourly chart, see what you think. And do you have a prediction of how far the move will go? Thanks!

Anyone wants to buy GM on the day when it files for Chater 11?

What the heck AXL is doing? $3.65 !?! I sold it in the pre-market hour today for $1.80 and had about 50% gain and thought I should be happy. But now it's more than double my sold price in just 3 hours?? :eek: Now I'm crying guys I'm crying :( ... ------------------------ Great chart...

The 5th overlap wave of USDCAD meets the symmetrical time cycle line today. If this cycle line still works, USDCAD may start to turn here and bounce back up for a few hundred pips in the next several days. If S&P goes down in the same period, it would make it even better, since USDCAD and...

I think it's time to take a look at the "hard-hit" auto part stocks AXL, LEA etc. They are now moving:)

Just longed some stocks right before the close, including the risky ones, AIG etc. This market is too strong :eek:

Keep testing the upper trend line

Thanks Mu! Now I see, we need to go back to the chart history and decide on the wave labeling. It seems this is not a very simple one and we still need to wait and see.

Good to hear your opinion Mu. You are right more often on the S&P. Now let’s say we had finished wave-5 on the weekly chart and started the recent rally from March, how do you label this rally? Is it a wave-a or wave-1:confused: Thanks!

The stock market is very resilient and refuses to fall these days. I even doubt the market would fall as Neely and other gurus predicted lately. And instead we could be already on a bull market with 1-2-3-4-5 up waves like the one starting from 2003 :confused: Anyway, whatever will be will...

even if it's the same thing, the market will still fluctuate quite a bit just watch:cool:

The market is waiting for the Fed's interest rate announcement at 2:15pm. Watch the fluctuation by then :cool: